New Delhi, March 25, 2020: Given the ongoing crisis in the wake of the coronavirus pandemic, with both the consumption and investment engines wavering, RBI Repo rate cut by 75 basis point is an encouraging move to stimulate the economy. Additional money available in banks at a lower cost will result in more purchasing power as there will be a lower EMI burden on the buyers. It will also reduce the liquidity crunch and lower the cost of finance for the developers. We hope that banks pass on the benefit to homebuyers and also expect this initiative to increase credit growth and recover the inactive nature of the economy and make it more convenient for homebuyers to purchase their dream home once the Covid 19 crisis gets over.
Corporate Comm India (CCI Newswire)
Ghaziabad, December 21, 2024: As Delhi-NCR's luxury housing segment grows, the region sees the presence…
New Delhi, December 21, 2024: Redefining the art of holistic living, The Prana Homes by Pooja…
New Delhi, December 20, 2024: The Indian real estate market is undergoing a remarkable transformation,…
New Delhi, December 20, 2024: Madhu Mantena, the acclaimed film producer behind hits like Ghajini…
Mumbai, December 19, 2024: Dextrus, a leading premium managed workspace provider, is excited to announce their…
New Delhi, December 19, 2024: Innov8, India's leading startup, continues its rapid expansion with the…